SEC Form 4 · accession 0001012975-16-001623
Alto Ingredients, Inc. · ALTO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owners
Candlewood Investment Group, LP
10% Owner
Period of report
Dec 12, 2016
Accepted (ET)
Dec 14, 2016 · 10:03 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000778164
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 12, 2016 | S | 1,737,390 | $9.33 | D | 4,046,369 | I | See Footnote |
| Common StockF2 | Dec 12, 2016 | S | 1,026,379 | $9.33 | D | 2,101,534 | I | See Footnote |
| Common StockF3 | Dec 12, 2016 | S | 70,585 | $9.33 | D | 122,029 | I | See Footnote |
| Common StockF3 | Dec 12, 2016 | S | 17,646 | $9.33 | D | 30,507 | I | See Footnote |
| Common StockF4,F1 | Dec 12, 2016 | S | 76,148 | $10.3345 | D | 3,970,221 | I | See Footnote |
| Common StockF4,F2 | Dec 12, 2016 | S | 44,985 | $10.3345 | D | 2,056,549 | I | See Footnote |
| Common StockF4,F3 | Dec 12, 2016 | S | 3,094 | $10.3345 | D | 118,935 | I | See Footnote |
| Common StockF4,F3 | Dec 12, 2016 | S | 773 | $10.3345 | D | 29,734 | I | See Footnote |
| Common StockF2 | holding | — | — | — | 900,177 | I | See Footnote | |
| Common StockF2 | holding | — | — | — | 77,292 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The securities are directly held by Candlewood Special Situations Master Fund, Ltd. (the "Special Situations Fund"). Candlewood Investment Group, LP (the "Investment Manager") serves as the investment manager to the Special Situations Fund, and Candlewood Special Situations General, LLC (the "Fund GP") serves as the general partner of the Special Situations Fund. Candlewood Investment Group General, LLC (the "Manager GP") serves as the general partner of the Investment Manager. Each of the Reporting Persons, other than the Special Situations Fund, disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest.
- F2The securities are directly held by a private investment fund for which (i) the Investment Manager serves as the investment manager and (ii) the Fund GP serves as the general partner. The Manager GP serves as the general partner of the Investment Manager. Each of the Reporting Persons disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest.
- F3The securities are directly held by a private investment fund for which the Investment Manager controls the investment manager advising such fund. The Manager GP serves as the general partner of the Investment Manager. Each of the Reporting Persons disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest.
- F4The transactions were executed in multiple trades at prices ranging from $10.05 to $10.75. The price above reflects the weighted average sales price. Detailed information regarding the number of shares sold at each separate price will be provided upon request by the Commission staff, the Issuer or a security holder of the Issuer.